By The Associated Press
Published: October 19,2010
NEW YORK — Bank of America Corp. said today it lost $7.65 billion during the third quarter because of a charge related to credit and debit card reform legislation passed over the summer. In a dramatic shift, the bank also said it will change its consumer banking strategy to focus on providing customers with incentives [...]
By Sam Boykin, staff writer
Published: October 15,2010
Cheryl Littlefield’s ideal home was pulled right out from under her. Located near Revolution Park just west of Uptown Charlotte, the 1,200-square-foot, three-bedroom brick ranch-style home was just what Littlefield was looking for. And priced at $49,000, the foreclosed home was a bargain. “All it needed was carpet, appliances and some very minor repair work,” said [...]
By Deon Roberts, editor
Published: October 8,2010
An investigation by the North Carolina attorney general into the foreclosure practices of 14 mortgage lenders does not stem from complaints from North Carolina consumers, according to a spokeswoman for the attorney general. On Wednesday, Attorney General Roy Cooper announced that he was launching an investigation into the lenders. In letters sent Tuesday, Cooper also [...]
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